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Pulished Date February, 2020
ID: 9247
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North America Plastic Packaging Market by Type (Rigid and Flexible), by Country – (United States and Canada), by Product (Cans, Bags, Bottles Pouches and Others), by End-User (Food and Beverage, Healthcare, Pharmaceutical, Retail, Personal and Home Care, and Others) – Industry Analysis, Size, Share, Growth, Trends, Forecasts (2020 – 2025)

Pulished: February, 2020
ID: 9247
Pages: 145

The North American Plastic Packaging Market is likely to garner a CAGR of 3% during the forecast period of 2020 to 2025. The growth is attributed to the increasing retail chain network in North America that leads to higher packaging demand.

Recent Developments:

  • In 2019, Amcor completed the acquisition of Bemis Company Inc. This acquisition brings additional capabilities and adds another dimension to their existing portfolio. This will also generate considerable value for the shareholders.

  • In October’19, Coveris launched its Duralite R, a next-generation shrink film range that can be entirely recycled. As a part of its existing sustainability journey to deliver recyclable flexible packaging solutions, it also covers a new shrink film that provides a fully circular solution to meet both the environmental and legislative demands of the future.

Drivers and Restraints of North America Plastic Packaging Market

Although there is a strong call for reducing the usage of plastics, it still remains as one of the most used materials for packaging in North America. Food packaging, beverage, lamination etc., are a few prominent industries where plastic has heavy usage even with the presence of alternatives like composite materials. The ease of availability and cheap price is the biggest factor driving demand in the North American plastic packaging industry. The improving technology that makes the plastic materials very robust is driving many industries to opt for plastic as their first-choice packaging material. The rise in the retail chain network is also likely to provide impetus to the regional industry.

The recent emergence of bioplastics has enhanced the usage of those materials and provide a cheap and environment-friendly alternative to plastic. These factors hinder the growth of the market. The government norms that are focussed on restricting the usage of plastic is also a key factor that is slowing down the industry.

The plastic packaging market has been segmented into the following categories:

On the basis of Type

  1. Rigid plastic packaging
  2. Flexible plastic packaging

On the basis of Product

  1. Bags
  2. Pouches
  3. Cans
  4. Bottles

On the basis of End-user

  1. Food and Beverages
  2. Pharmaceutical
  3. Healthcare
  4. Retail
  5. Personal and Home Care

Plastic because of its sheer ubiquity is used in every business activity and thus finds its usage across various end-use industries. The food and beverage industry holds the largest share in terms of volume when it comes to deploying plastic packaging. With facilities such as at-home deliveries for various food products, the demand for plastic packaging has increased as it provides a cost-effective method.

The plastic packaging market is expected to grow in the outlook period with vast applications in end-user verticals like medical, industrial packaging, and so on. The Healthcare industry also has wide-scale implications of plastic packaging and contributes a lot towards the growth of the industry. The food takeaway sector has also proliferated in the North American region and is triggering great demand for plastic packaging.

Geographical overview and regional presence:

North America has the biggest consumer base for packaging and despite the government restrictions on the use of plastic, and the market is expected to grow at a moderate rate of 3% CAGR. The introduction of bio-plastic materials is also expected to intensify the market in the coming years, which will provide a variety of options for packaging.

There are several major market players that are asserting their dominance in the Plastic Packaging Market in recent years, some of the big names in North America are:

  1. AMCOR Plc

  2. RPC Group limited

  3. Sonoco Products Company

  4. Constantia Flexibles GmbH

  5. BerryPlastics corporations

  6. NatureWorks LLC

Impact of COVID-19 on the North American Plastic packaging Market:

Coronavirus has resulted in severe conditions by impacting end-user application areas. Major economies of North America are affected due to the pandemic as the USA is one of the most affected regions by this pandemic, slowing down manufacturing industries. However, the demand for packaging has increased during the pandemic due to the extensive usage in the healthcare industry. In medical sector, plastic is extensively used for various purposes and thus highest demand has been witnessed lately. Healthcare experts have suggested that amidst the absence of vaccines, trials are expected to ramp up and the demand for plastic packaging will be very high. The delivery of essential items during the pandemic increased and required a huge supply from the packaging industry.

1. Introduction                 

                1.1 Market Definition    

                1.2 Scope of the report

                1.3 Study Assumptions 

                1.4 Base Currency, Base Year and Forecast Periods          

2. Research Methodology                           

                2.1 Analysis Design         

                2.2 Research Phases      

                                2.2.1 Secondary Research

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling

                                2.2.4 Expert Validation

                2.3 Study Timeline          

3. Report Overview                        

                3.1 Executive Summary

                3.2 Key Inferencees       

4. Market Dynamics                       

                4.1 Impact Analysis         

                                4.1.1 Drivers

                                4.1.2 Restaints

                                4.1.3 Opportunities

                4.2 Regulatory Environment       

                4.3 Technology Timeline & Recent Trends            

5. Competitor Benchmarking Analysis                    

                5.1 Key Player Benchmarking     

                                5.1.1 Market share analysis

                                5.1.2 Products/Service

                                5.1.3 Regional Presence

                5.2 Mergers & Acquistion Landscape      

                5.3 Joint Ventures & Collaborations        

6. Market Segmentation                              

                6.1 Plastic Packaging Market, By Type    

                                6.1.1 Rigid

                                6.1.2 Flexible

                                6.1.3 Market Size Estimations & Forecasts (2019-2024)

                                6.1.4 Y-o-Y Growth Rate Analysis

                                6.1.5 Market Attractiveness Index

                6.2 Plastic Packaging Market, By Product              

                                6.2.1 Cans

                                6.2.2 Bags

                                6.2.3 Bottles

                                6.2.4 Pouches

                                6.2.5 Market Size Estimations & Forecasts (2019-2024)

                                6.2.6 Y-o-Y Growth Rate Analysis

                                6.2.7 Market Attractiveness Index

                6.3 Plastic Packaging Market, By End-User           

                                6.3.1 Food and Beverage

                                6.3.2 Healthcare

                                6.3.3 Pharmaceutical

                                6.3.4 Retail

                                6.3.5 Personal and Home Care

                                6.3.6 Market Size Estimations & Forecasts (2019-2024)

                                6.3.7 Y-o-Y Growth Rate Analysis

                                6.3.8 Market Attractiveness Index

7. Geographical Landscape                         

                7.1 Global Identity Governance and Administration Market, by Region  

                7.2 North America - Market Analysis (2018 - 2024)            

                                7.2.1 By Country

                               7.2.2 By Type

                                7.2.3 By Product

                                7.2.4 By End-User

                7.3 Europe         

                                7.3.1 By Country

                                7.3.2 By Type

                                7.3.3 By Product

                                7.3.4 By End-User

                7.4 Asia Pacific  

                                7.4.1 By Country

                                7.4.2 By Type

                                7.4.3 By Product

                                7.4.4 By End-User

                7.5 Latin America             

                                7.5.1 By Country

                                7.5.2 By Type

                                7.5.3 By Product

                                7.5.4 By End-User

                7.6 Middle East and Africa           

                                7.6.1 By Country

                                7.6.2 By Type

                                7.6.3 By Product

                                7.6.4 By End-User

8. Key Player Analysis                    

                8.1 Mondi Group             

                                8.1.1 Business Description

                                8.1.2 Products/Service

                                8.1.3 Financials

                                8.1.4 SWOT Analysis

                                8.1.5 Recent Developments

                                8.1.6 Analyst Overview

                8.2 Berry Plastics Corporation    

                8.3 Sonoco Products Company  

                8.4 Amcor Limited           

                8.5 DS Smith plc               

                8.6 Bemis Company, Inc.              

                8.7 NatureWorks LLC     

                8.8 Consolidated Container Company    

                8.9 Reynolds Group Holdings Limited     

                8.10 Alpla Werke Alwin Lehner GmbH & Co. KG

9. Market Outlook & Investment Opportunities                

Appendix                           

                List of Tables     

                List of Figures   

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail

  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis

  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development

  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment

  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions

  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

  1. North America Plastic Packaging Market By Type, From 2020-2025 ( USD Billion )

  2. North America Rigid Market By Region, From 2020-2025 ( USD Billion )

  3. North America Flexible Market By Region, From 2020-2025 ( USD Billion )

  4. North America Plastic Packaging Market By Product, From 2020-2025 ( USD Billion )

  5. North America Cans Market By Region, From 2020-2025 ( USD Billion )

  6. North America Bags Market By Region, From 2020-2025 ( USD Billion )

  7. North America Bottles Market By Region, From 2020-2025 ( USD Billion )

  8. North America Pouches Market By Region, From 2020-2025 ( USD Billion )

  9. North America Plastic Packaging Market By End-User, From 2020-2025 ( USD Billion )

  10. North America Food and Beverage Market By Region, From 2020-2025 ( USD Billion )

  11. North America Healthcare Market By Region, From 2020-2025 ( USD Billion )

  12. North America Pharmaceutical Market By Region, From 2020-2025 ( USD Billion )

  13. North America Retail Market By Region, From 2020-2025 ( USD Billion )

  14. North America Personal and Home Care Market By Region, From 2020-2025 ( USD Billion )

  15. United States Plastic Packaging Market By Type, From 2020-2025 ( USD Billion )

  16. United States Plastic Packaging Market By Product, From 2020-2025 ( USD Billion )

  17. United States Plastic Packaging Market By End-User, From 2020-2025 ( USD Billion )

  18. Canada Plastic Packaging Market By Type, From 2020-2025 ( USD Billion )

  19. Canada Plastic Packaging Market By Product, From 2020-2025 ( USD Billion )

  20. Canada Plastic Packaging Market By End-User, From 2020-2025 ( USD Billion )

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